What is the benefit for a software to have strategy backtesting
The charting software that I use has recently upgrade its platform to include strategy backtesting and automated trading as part of the software. I am still not sure how these two features can assit me to trade better as my trading appraoch include the use of pivots, volume, fib, MACD, internal for trade excution. How can one create a strategy based on all the above and backtest the strategy successfully?
Please inputs your valuable thoughts
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